The Oaks Shopping Center — Lease in Des Plaines, IL
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: Des Plaines, IL 60018
Photos
Description
Stores for Lease + Major Community Center - 137,880 SF + Dense Population - Surrounded by rooftops + High Traffic Counts - Over 45,000 VPD + Daily Traffic Generation with Grocery and Fitness anchors + Retail Destination + Dozens of National Chains at or near this intersection
Market Context
This retail in Des Plaines, IL is listed for lease. Compare it against other retail listings for lease in Des Plaines, IL — view the full market.
As of Q4 2025, the Chicago retail market showed a 5.1% vacancy rate, average asking rents near $19.00/SF/yr, rents up 2.4% year over year, and cap rates around 7.9%. Source: multiple brokerage reports, Q4 2025.
Rising rents point to a competitive market where well-priced, well-located space leases quickly.
Retail market FAQ
- What is the typical cap rate for retail in Chicago?
- About 7.9% as of Q4 2025, per multiple brokerage reports.
- Is the Chicago retail market tightening or softening?
- Vacancy is around 5.1%, with asking rents rising year over year (Q4 2025).
Contact
- Sean McCourt · 312 297 7688 · sean.mccourt@cbre.com
- Alex Corno · 312 935 1050 · alex.corno@cbre.com
Explore this market
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